Urban Outfitters Inc. (URBN) reported first quarter net income of $0.23 per share after the bell Monday, which matched the prior year result. The consensus estimate was for EPS of $0.20. The stock is now up 1.61 on 360K shares.
Urban Outfitters posted modest gains in early trade Monday and rose further around midday. Shares finished up by 0.54 at $26.16. The stock rebounded off of support, following a 2-week decline.
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